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Asian stock markets began March in red, as investors reacted to increased to increasing tensions in the Middle East and stronger than expected US inflation data. Japan’s Nikkei 225 fell sharply, losing over 2%, before easing to a 1.5% drop at 57,947, shedding over 900 points by 9:15. In Hong Kong, Hang Seng declined 1.7% to 26,165. Shenzhen also traded in red, down 109 points to 14,386.Meanwhile, South Korea’s markets remained shut for a public holiday.US futures also slipped, with the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite initially dropping more than 1%, though losses narrowed to 0.6% by mid-morning in East Asia. Meanwhile, gold, a traditional safe haven in times of market uncertainty, climbed sharply, with US futures surging 2.58% to $5,382.60 per ounce. Traders are also concerned about oil supply disruptions following attacks on two vessels in the Strait of Hormuz, a critical shipping route for global energy. US benchmark crude initially surged nearly 8%, settling with a 4% gain at $69.60 per barrel. Brent crude jumped 4.5% to $76.17 per barrel. Energy experts warn that a prolonged conflict could drive prices of other fuels and gasoline higher. Iran, which exports about 1.6 million barrels a day mainly to China, may be forced to cut shipments, pushing buyers to seek alternative supplies. While the situation was largely anticipated due to the US military buildup in the region, traders have started adjusting positions. In currency trading, the US dollar strengthened to 156.29 Japanese yen from 156.04 late Friday, while the euro eased to $1.1788 from $1.1812.
Chennai Super Kings (CSK) have officially launched their new jersey for the upcoming Indian Premier League (IPL) 2026 season, offering fans the first glimpse of the kit they will don in what promises to be a redemption campaign. The five-time champions shared an energetic promotional video on social media on Sunday, sparking excitement among supporters eager to see the franchise bounce back after a challenging year.
The Chennai-based outfit unveiled the jersey through their official Instagram handle, captioning the reveal with a message that read: “All new and all for you! Order the CSK Jersey 2026 and let your summer be filled with Yellove!” Within minutes, the post was flooded with reactions from fans celebrating the return of the iconic yellow in a refreshed avatar.
The newly launched jersey stays true to CSK’s unmistakable identity — a dominant shade of bright yellow that has become synonymous with the franchise’s legacy. However, subtle design updates give the kit a sharper, more contemporary edge ahead of the 2026 season.
Fine detailing along the shoulders and sleeves adds texture, while refined patterns across the fabric create a sleek finish. The traditional roaring lion emblem remains proudly placed, symbolizing the team’s fighting spirit and rich history in the league. The overall look blends nostalgia with modern aesthetics, ensuring that the jersey feels both familiar and fresh.
For supporters, the color is more than just a design choice — it represents loyalty, resilience, and the passionate ‘Yellove’ culture that has defined CSK since the inception of the tournament.
ALL-NEW AND ALL FOR YOU! 👕💛
Order the CSK Jersey 2026 and let your summer be filled with Yellove!🥳💛
🔗 👇 https://t.co/3euaxiyjHJ #WhistlePodu pic.twitter.com/wnMrlz8U7G
— Chennai Super Kings (@ChennaiIPL) March 1, 2026
Also READ: 3 reasons why MS Dhoni won’t play every match of IPL 2026
The jersey launch arrives at a pivotal moment for the franchise. After finishing at the bottom of the points table in the 2025 season, CSK are determined to script a turnaround. The team managed just four wins in 14 matches last year, enduring 10 defeats in what became one of their toughest campaigns in IPL history.
Inconsistency with both bat and ball hurt the side throughout the tournament. Close contests slipped away, combinations failed to click, and momentum proved elusive. For a franchise known for its calm leadership and strategic clarity, the season was a rare low.
Yet, CSK have built their legacy on comebacks. Over the years, they have repeatedly responded to setbacks with strong rebuilds, smart auction strategies, and renewed hunger.
Also READ: IPL 2026: RCB ownership race heats up as US billionaire enters $1.8 billion bidding war
MUMBAI: Psychologists in Mumbai are reporting a payment scam where they are being targeted by fraudsters posing as patients. The caller takes an appointment for therapy over phone or text, and claims he is making prepayment online. He shares a screenshot of the transaction, but later cancels the appointment and seeks a refund. The catch is that the screenshot is fake and the payment was never made. “The scammer rushes the counsellor into making a refund. If one proceeds with the refund without verification, one ends up losing money,” said a counsellor who was defrauded, and did not wish to be identified. Psychologist Kiran Makhijani said a scammer got abusive when she clarified that a refund couldn’t be made as payment was never received.“This individual conversed with me entirely over texts. She claimed she wasn’t from Mumbai and had got my reference during a visit to a reputed hospital here,” said Makhijani. After the individual insisted on making an online prepayment for a counselling appointment, Makhijani shared a QR code. She received a photo with transaction details. Later, the patient said her husband had taken an appointment for her with another doctor and so she wanted a refund. “When we informed that no payment had been received, the individual became aggressive, used abusive language and falsely accused us of cheating. As professionals working with integrity, such interactions are upsetting,” she said.Psychologist Alisha Lalljee said templates for making fake payment screenshots are easily available online. “I was approached by scammers posing as patients on two separate occasions. They were quick to inquire about fees and appointment slots, without going into details about the therapy session,” said Lalljee.After she shared her bank details, a payment screenshot was received. “The image had transaction details, time and even the sender’s phone battery status. The image appeared authentic but no money was received. I uploaded the screenshot to an online image recognition tool and was stunned to discover that it was made from a template,” said Lalljee.Pre-booking mental health care sessions became standard protocol since online consultations started post Covid. Psychologist Shashwati Chavan narrated an incident where a person reached out to her for an emergency counselling session. Chavan provided a payment link which, the person claimed, “wasn’t working.” Chavan then sent a QR code and within moments, received a screenshot that said Rs 2000 had been paid. “Bank statements were checked, but no transaction was found,” Chavan said. The individual kept insisting payment was done. Finally Chavan told the individual to pay after the session, but the latter did not show up for the appointment.Police officials said they are aware of the scam but formal complaints have not been received.
Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Monday amidst rising Middle East tensions and global market turmoil, with impact on crude oil prices and trade in focus. While Nifty50 went below 24,900, BSE Sensex was done over 1,000 points. At 9:16 AM, Nifty50 was trading at 24,866.00, down 313 points or 1.24%. BSE Sensex was at 80,226.63, down 1,061 points or 1.30%.Analysts warn that sectors sensitive to crude prices such as oil marketing companies, paints, tyres, aviation and chemicals could face pressure on margins due to rising input costs. In contrast, upstream oil producers including ONGC and Oil India may gain from improved realisations, while defence stocks such as HAL and BEL could witness positive sentiment.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “The uncertainty related to the war in West Asia will loom large over the market in the near-term. The major risk from the market perspective is the energy risk arising from the surge in crude. Indications are that a sharp spike in crude by, say 20%, is likely only if the Hormuz Strait is closed, obstructing oil transport through the strait. There is no official confirmation of this yet. If Brent crude remains around $ 76 equity markets may remain weak but are unlikely to witness a big crash. Experience tells us that panic selling during a crisis is the wrong strategy. Investors should refrain from selling and watch how things evolve. Data from crises during the last many decades tells us that an event like the present crisis will not have any impact on the market six months later. This is the takeaway from the market behaviour after the recent crises like the Covid crisis, Russia-Ukraine war and the Gaza conflict. The ongoing West Asian crisis is unlikely to be different. However, since a war can spring unexpected surprises, investors have to be cautious.Weakness in the market can be used to slowly accumulate high quality stocks in domestic consumption themes like banking, automobiles, capital goods and defense.”Asian markets also came under strain, falling 1.1 per cent, while equity index futures for the US and Europe dropped as tensions intensified after the US-Israeli military action against Iran. Brent crude briefly surged as much as 13 per cent before trimming gains, as turmoil in the global oil market intensified amid the effective closure of the Strait of Hormuz.Crude prices extended gains on Monday, rising more than 8 per cent to multi-month highs as Iran and Israel increased attacks in the region, damaging tankers and disrupting supplies from a key oil-producing corridor.Gold climbed up to 2 per cent after the United States and Israel carried out major strikes on Iran, killing Supreme Leader Ayatollah Ali Khamenei, heightening geopolitical tensions and amplifying global economic uncertainty.Foreign portfolio investors were net sellers of Indian equities worth Rs 7,536 crore on Friday. Domestic institutional investors offset part of the outflows, purchasing shares worth Rs 12,293 crore on a net basis.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
NEW DELHI: An above-normal number of heatwave days is expected across large parts of India between March and May, the India Meteorological Department (IMD) has said, warning that several states could see prolonged spells of high temperatures as summer sets in, news agency PTI reported.However, March is expected to begin on a relatively moderate note for much of the country. “In March, however, maximum temperatures are likely to be normal to below normal over many parts of India, except northeast, east, and some parts of Western Himalayan region, central and peninsular India. “This could be because rainfall averaged over India is most likely to be normal during March,” IMD said. The IMD defines “normal” rainfall as 83% to 117% of the long period average (LPA). For March, the LPA — based on data from 1971 to 2020 — stands at 29.9mm. While below-normal rainfall is forecast over parts of northeast India and some areas of northwest India, most regions are expected to see near-normal precipitation.List of states to face more heatwave days than usual during the three-month period
In Chandigarh, the IMD has forecast largely normal weather conditions for March 2026, with rainfall expected to remain within the normal range and temperatures likely to stay near average levels. The monthly outlook indicates no significant increase in heatwave activity for the city. The IMD has indicated that Chandigarh is unlikely to face heat spells this March, with maximum temperatures expected to remain broadly normal. While parts of central and peninsular India and the western Himalayan region may see above-normal daytime temperatures, northwest India — including the UT— is likely to experience normal to slightly below-normal trends. Minimum temperatures across most regions are also expected to stay normal, with some pockets of northwest India likely to record normal to slightly belownormal night temperatures. IMD also stated that heatwave activity in the city is likely to remain normal, indicating no immediate risk of prolonged heat conditions this month. Meteorologists said weak La Niña conditions persist over the equatorial Pacific and are expected to weaken further, while neutral conditions continue over the Indian Ocean. These broader oceanic patterns are not expected to significantly influence Chandigarh’s weather in March.
In contrast, Tamil Nadu is likely to see hotter conditions as the season progresses. The city of Chennai and the rest of the state may have to brace for hotter days this summer, as the IMD has forecast heatwave spells between March and May. The seasonal outlook suggests above-normal maximum temperatures over most parts of the state. Heatwave days are likely to range from three to nine days along much of coastal Tamil Nadu, including Chennai, and could extend to nine to 15 days in some adjoining northern districts. Minimum temperatures during the season are expected to remain largely near normal. According to the IMD, a heatwave is declared when the maximum temperature reaches at least 40°C in plains (30°C in hilly regions) and is 4.5°C to 6.4°C above normal, or when the actual maximum temperature is 45°C or higher irrespective of departure from normal. May is typically the peak summer month in Chennai, with average maximum temperatures touching 37.3°C. For March, however, the outlook is relatively moderate. Maximum temperatures across Chennai and districts up to the delta region are likely to remain near normal, while some interior districts may record below-normal daytime temperatures. Night temperatures are expected to stay near normal over most parts of the state, except some central districts.
Gold began March on a strong note after the US and Israel carried out major strikes on Iran that killed Tehran’s Supreme leader Ayatollah Ali Khamenei. As geopolitical tensions continue to intensify and fears of economic instability gain ground, spot gold jumped 1.72% to $5,368.09 an ounce by 0010 GMT, reaching its highest level in more than four weeks. Meanwhile, US gold futures went even higher, soaring 2.58% to $5,382.60 per ounce.The attacks prompted a new wave of Israeli strikes on Tehran on Sunday, followed by retaliatory missile barrages from Iran, stoking further instability in the Middle East and beyond.“Unlike previous escalations in this conflict, there is fairly strong incentive here for both sides to continue to escalate potentially – and that runs the risk of leading to a pretty chaotic, uncertain and therefore volatile environment for more than just a few days … the dynamic for gold is pretty positive,” Kyle Rodda, senior financial market analyst at Capital.com told Reuters.Bullion, long viewed as a safe-haven asset, has already reached successive record highs this year, reflecting widespread economic and political uncertainty. The current rally adds to a 64% increase in 2025, driven by central bank buying, strong inflows into exchange-traded funds, and expectations of US monetary policy easing.Last week, major banks reinforced the prospect of higher prices. JP Morgan and Bank of America said gold could climb towards the $6,000 mark, with JP Morgan forecasting that combined central bank and investor demand may push prices to $6,300 an ounce by the end of 2026.Economic data added to market caution, with US producer prices in January rising more than anticipated, suggesting inflation may intensify in the coming months, according to the agency. Investors are also monitoring key labour market reports this week, including the ADP employment report, weekly jobless claims, and the non-farm payrolls data.Precious metals also recorded gains on Monday. Spot silver increased 1.68% to $95.35 an ounce following a monthly rise in February. Platinum rose 0.74% to $2,382.15 an ounce, while palladium edged up 0.25% to $1,790.60 an ounce.
Amid the escalating conflict in the Middle East, India is bracing for potential shortages of gold and rough diamonds as supply routes through Dubai are disrupted. The Gulf hub, which serves as the country’s largest source of rough diamonds and second-biggest supplier of gold bars, plays a crucial role in the country’s bullion and gemstone trade.India imports between 800 and 850 tons of gold each year, with as much as 50–60% passing through Dubai, according to ET. The city also supplies the majority of rough diamonds that feed India’s extensive polishing industry, making the disruption a significant concern for traders and manufacturers alike. As the airspace continues to be closed, experts have warned that delays could ripple across the domestic market, affecting both availability and prices of gold and polished diamonds.
MUMBAI: Passengers were left stranded at Chhatrapati Shivaji Maharaj International Airport, Indira Gandhi International Airport, Cochin International Airport Limited, and other airports across the country on Monday after multiple flights were cancelled amid the escalating situation in the Middle East.At IGI Airport in Delhi, several passengers were seen waiting for hours as services were disrupted due to the ongoing Israel–Iran conflict.
Delhi Airport said in a post on X, “Due to the evolving political situation in the Middle East, westbound international flights continue to experience disruptions and schedule changes.”A passenger at IGI Airport says, “The Air India flight to Muscat, which was supposed to take off around 10 am, was just cancelled. I work in the travel industry. An Air India flight from Mumbai, in which a few of my clients were supposed to travel, has also been cancelled. We are not getting any updates on rescheduling. People from here go to Mecca and Medina for worship during Ramadan. Almost all flights to the Middle East are currently being cancelled.“One passenger, who identified himself as being from Gaya in Bihar, said he had been stranded at Mumbai airport for more than 24 hours. ‘I’m from Gaya, Bihar. I’ve been waiting here since 1 pm yesterday, and IndiGo told us to wait. It’s been more than 24 hours, and we’re still waiting. We have to go to Kuwait,’ he said.In Kerala, at least 16 Gulf-bound flights were cancelled at Cochin International Airport in Nedumbassery on Monday, leaving several passengers stranded.Flight operations to Gulf countries from airports in the state have been affected, with several airlines suspending or cancelling services in view of the ongoing conflict in the Middle East.Indian airlines cancelled 350 international flights on Sunday as operational disruptions continued for the second consecutive day due to the escalating Middle East conflict.Amid airspace closures in parts of the Middle East and heightened security concerns, Air India and IndiGo cancelled flights operating through the affected airspaces.“In view of airspace restrictions arising from geopolitical developments in the Middle East, a total of 350 flights operated by Indian domestic carriers have been cancelled on 01.03.2026,” the Civil Aviation Ministry said in a post on X at 1634 hours on Sunday.Earlier, on February 28, the ministry had said that 410 flights operated by domestic carriers were cancelled.Airlines also shared individual cancellation details on social media. Air India said on Sunday morning that it had cancelled 22 international flights, in addition to the 28 cancellations announced on February 28 due to the Middle East crisis.According to SpiceJet, 33 flights to and from the UAE were cancelled.Meanwhile, Air India Express extended the suspension of flights to and from Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates until 2359 hours IST on March 2.IndiGo also said that the temporary suspension of select international flights operating through Middle East airspace has been extended until 2359 hours IST on March 2.(With agency inputs)
NEW DELHI: A night of reckoning at the Eden Gardens turned into a night of redemption for Sanju Samson, and skipper Suryakumar Yadav could not have scripted it better.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!With India’s T20 World Cup Super Eight campaign hanging by a thread, Samson smashed an unbeaten 97 off 50 balls to power India to a five-wicket win over West Indies, sealing a semifinal berth. Under scrutiny after a lean run, Samson answered every question in style — and his captain made sure the world knew it.
“Obviously, it’s a great feeling. The way we played, it was a do-or-die, like a quarter-final game, and the way the boys showed character, I think it was a great thing,” Suryakumar said after the match.But it was his heartfelt words on Samson that stole the spotlight.“See, I always say, good things happen to good people who wait, who have a lot of patience. I said it just now as well when I met him. But then it’s all his hard work, what he’s been doing behind the doors when he was not playing, and he’s got the fruit of it at the perfect stage. And the way he batted, took the side completely to victory.”Chasing 196 after West Indies posted 195/4 — powered by late fireworks from Jason Holder and Rovman Powell — India stumbled early to 41/2 in the powerplay. But Samson stood tall, blending timing with audacity. Small partnerships, especially a crucial 42-run stand with Tilak Varma (27 off 15), kept the chase alive.Suryakumar revealed the clarity in the dressing room. “I feel everyone bowled according to plans. We knew 200 is always a good score to chase here with the dew and the ball coming on nicely. And the way the batters responded later on with small partnerships, that was the key.”The skipper also addressed the mounting pressure. “Expectations will always be there, but you should always know what you have to do on the field. I told the boys that there will be pressure… but in games like this, you have to be courageous and take positive options whenever under pressure. When there’s no pressure, there is no fun.”Samson’s 97* is now India’s second-highest individual score in T20 World Cups, behind only Suresh Raina’s 101, and marks the first time he has remained unbeaten in a T20I chase.“Very happy to be there,” Surya smiled about the semifinals. “The way we played in the first game, we deserve that spot.”India next face England in the semi-final at Wankhede stadium in Mumbai on Thursday.
He added that escalating hostilities and fading prospects of a swift diplomatic breakthrough are prompting investors to gravitate toward traditional safe-haven instruments such as gold and silver, increasing expectations of a strong opening in bullion markets.
“As pressure mounts on global equities and other risk-oriented assets, funds typically rotate into precious metals, which are viewed as a hedge during periods of uncertainty,” Trivedi said.
Meanwhile, domestic commodity markets will remain shut on Tuesday on account of Holi.
